Jumia
Ecommerce

Jumia Shuts Down Jumia Food

Jumia, the African ecommerce platform, will shut down Jumia Food, its digital food delivery arm, at the end of December

Bujeti
Fintech Funding Investment Startup

Bujeti Secures $2m Funding to Support Growth & Increase Market Share

Bujeti, the Nigerian fintech startup, has raised a $2 million seed round led by Y Combinator (YC). The round was

AppsFlyer
Acquisition

AppsFlyer Acquires oolo to Transform AI-Driven Decision-Making Businesses

AppsFlyer, the marketing measurement, attribution, and data analytics, has announced its acquisition of oolo, an AI-powered user acquisition and monetization decision-making

tappi
Funding Investment SMEs Venture Capital

tappi Raises $1.5m to Digitize and Build Online Trust  for Africa’s SMEs 

tappi, an end-to-end digital commerce SaaS solution for SMEs, has raised $1.5M in an oversubscribed Pre-Seed round led by Mercy Corps

Bitmama
Acquisition

Bitmama Announces Acquisition of Payday

Bitmama Inc., the blockchain payments platform, has announced the acquisition of Payday, a virtual card service provider. This acquisition comes

NoOnes
Appointment

NoOnes Appoints Ray Youssef as CEO

NoOnes, the financial communication super app connecting people of the Global South to the world’s financial systems, has announced its

GoMetro
Funding Investment Mobility Venture Capital

GoMetro Secures £9m Funding from Zenobē, FutureGrowth and Existing Investors

GoMetro, a South African tech company that operates in the fleet management space, has announced the completion of a £9

Competition Health

Founder of WellaHealth Named 2023 Winner of Africa’s Business Heroes Prize Competition

Ikpeme Neto, the founder of WellaHealth, a Nigerian digital health insurance company, has been named winner of Africa’s Business Heroes

Saviu Ventures
Funding Investment Venture Capital

Saviu Ventures Reached First Close €12m of its Second Fund Saviu II

Saviu Ventures, a Venture Capital firm in Francophone Africa, has announced the first close of its second fund Saviu II,

Africa Healthcare Network
Health Investment Venture Capital

Africa Healthcare Network Secures $20m for African Expansion

Africa Healthcare Network (AHN), a provider of dialysis services in Africa, has secured $20 million in an equity and debt